SUNPOWER@RENT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SUNPOWER@RENT
Largest movements
- Financial fixed assets -€896,099
down €896,099 (-54.0%), from €1.7m to €764,641
- Receivables within one year +€414,415
up €414,415 (+15.9%), from €2.6m to €3.0m
of which Other amounts receivable: +€590,037
- Cash +€100,446
up €100,446 (+1,009%), from €9,952 to €110,398
mainly Investment in fixed assets (net) (+€770,321) and Short-term financial debts (+€298,284)
- Tangible fixed assets +€92,223
up €92,223 (+15.8%), from €584,211 to €676,434
of which Leasing and similar rights: +€204,759
- Other debts -€571,462
down €571,462 (-15.7%), from €3.6m to €3.1m
- Short-term financial debts +€298,284
up €298,284 (+1,177%), from €25,345 to €323,629
of which Credit institutions: +€323,629
- Debts after one year +€151,297
up €151,297 (+494%), from €30,609 to €181,906
- Trade debts -€142,187
down €142,187 (-73.4%), from €193,772 to €51,585
- Financial charges -€76,132
down €76,132 (-44.7%), from €170,197 to €94,066
of which Financial charges: -€76,132
- Gross operating margin -€34,590
down €34,590 (-15.9%), from €218,152 to €183,561
- Taxes +€25,517
up €25,517, from -€12,601 to €12,916
- Depreciation -€8,565
down €8,565 (-20.3%), from €42,121 to €33,556
- Financial income +€5,968
up €5,968 (+19.7%), from €30,270 to €36,238
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,876,684 | €4,612,875 | -€263,809 | -5.4% |
| Fixed assets | 21/28 | €2,244,952 | €1,441,075 | -€803,877 | -35.8% |
| Tangible fixed assets | 22/27 | €584,211 | €676,434 | +€92,223 | +15.8% |
| Land and buildings | 22 | €237,613 | €110,000 | -€127,613 | -53.7% |
| Plant, machinery and equipment | 23 | - | €2,928 | +€2,928 | |
| Leasing and similar rights | 25 | €138 | €204,897 | +€204,759 | +148,387% |
| Other tangible fixed assets | 26 | €346,461 | €358,609 | +€12,148 | +3.5% |
| Financial fixed assets | 28 | €1,660,740 | €764,641 | -€896,099 | -54.0% |
| Current assets | 29/58 | €2,631,732 | €3,171,800 | +€540,067 | +20.5% |
| Amounts receivable within one year | 40/41 | €2,613,664 | €3,028,079 | +€414,415 | +15.9% |
| Trade receivables | 40 | €402,526 | €226,903 | -€175,623 | -43.6% |
| Other amounts receivable | 41 | €2,211,139 | €2,801,176 | +€590,037 | +26.7% |
| Cash at bank and in hand | 54/58 | €9,952 | €110,398 | +€100,446 | +1,009% |
| Deferred charges and accrued income | 490/1 | €8,116 | €33,323 | +€25,207 | +311% |
| Total equity and liabilities | 10/49 | €4,876,684 | €4,612,875 | -€263,809 | -5.4% |
| Equity | 10/15 | €883,333 | €923,614 | +€40,282 | +4.6% |
| Contributions | 10/11 | €270,500 | €270,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €612,833 | €653,115 | +€40,282 | +6.6% |
| Amounts payable | 17/49 | €3,993,351 | €3,689,260 | -€304,091 | -7.6% |
| Amounts payable after more than one year | 17 | €30,609 | €181,906 | +€151,297 | +494% |
| Financial debts | 170/4 | €30,609 | €181,906 | +€151,297 | +494% |
| Amounts payable within one year | 42/48 | €3,926,886 | €3,496,380 | -€430,506 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €43,133 | €27,788 | -€15,346 | -35.6% |
| Financial debts | 43 | €25,345 | €323,629 | +€298,284 | +1,177% |
| Credit institutions | 430/8 | - | €323,629 | +€323,629 | |
| Other loans | 439 | €25,345 | €0 | -€25,345 | -100% |
| Trade debts | 44 | €193,772 | €51,585 | -€142,187 | -73.4% |
| Suppliers | 440/4 | €193,772 | €51,585 | -€142,187 | -73.4% |
| Taxes, remuneration and social security | 45 | €19,701 | €19,906 | +€204 | +1.0% |
| Taxes | 450/3 | €19,701 | €19,906 | +€204 | +1.0% |
| Other amounts payable | 47/48 | €3,644,934 | €3,073,473 | -€571,462 | -15.7% |
| Accrued charges and deferred income | 492/3 | €35,856 | €10,974 | -€24,882 | -69.4% |
| Non-recurring operating income | 76A | €24,296 | €12,148 | -€12,148 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,121 | €33,556 | -€8,565 | -20.3% |
| Other operating charges | 640/8 | €33,612 | €38,980 | +€5,368 | +16.0% |
| Gross operating margin | 9900 | €218,152 | €183,561 | -€34,590 | -15.9% |
| Operating profit (loss) | 9901 | €142,418 | €111,026 | -€31,392 | -22.0% |
| Financial income | 75/76B | €30,270 | €36,238 | +€5,968 | +19.7% |
| Recurring financial income | 75 | €30,270 | €36,238 | +€5,968 | +19.7% |
| Financial charges | 65/66B | €170,197 | €94,066 | -€76,132 | -44.7% |
| Recurring financial charges | 65 | €170,197 | €94,066 | -€76,132 | -44.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €2,491 | €53,198 | +€50,707 | +2,036% |
| Income taxes | 67/77 | -€12,601 | €12,916 | +€25,517 | |
| Profit (loss) for the period | 9904 | €15,091 | €40,282 | +€25,190 | +167% |
| Profit (loss) for the period to be appropriated | 9905 | €15,091 | €40,282 | +€25,190 | +167% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.